Computer and printer maker HP announced Tuesday a sweeping restructuring plan that will eliminate about 10 percent of its workforce globally as the company pivots toward artificial intelligence to boost efficiency.

According to its latest earnings report, the tech giant expects to reduce its global headcount by between 4,000 and 6,000 employees to focus on adopting AI to increase innovation and customer satisfaction.

HP’s move reflects a broader trend across the tech sector, where companies are investing heavily in AI development while using the technology to reduce operational costs.

Major tech firms including Google, Microsoft, and Amazon have announced workforce reductions over the past two years, with many citing the need to reallocate resources, including jobs, toward AI initiatives.

Industry analysts say AI automation is particularly affecting roles in customer support, content moderation, data entry, and certain computer programming tasks.

HP said its AI plan aims to generate approximately $1 billion in annual savings by the end of fiscal 2028.

The company has been working to transform its business model amid changing demand patterns in the PC and printing markets.

HP CEO Enrique Lores told the Wall Street Journal that the company plans to raise the prices of its computers and work with new suppliers to help offset the higher costs of AI computing.

In its latest quarter, HP posted a profit of $795 million, compared with $906 million a year earlier.

Revenue rose 4.2 percent to $14.64 billion, topping analyst estimates with sales in PCs offsetting a decline in printer sales.

Harmonic, an artificial intelligence startup co-founded by Robinhood CEO Vlad Tenev, has raised $120 million in new funding, valuing the company at $1.45 billion, as it tackles AI “hallucinations” — or incorrect or nonsensical answers — by improving the ability to reason.

The Series C round for the pre-revenue startup was led by Ribbit Capital, with participation from existing investors Sequoia and Kleiner Perkins. Laurene Powell Jobs’ investment firm Emerson Collective joined as a new backer.

The deal marks the company’s third major fundraising in 14 months, bringing its total capital raised to $295 million, highlighting strong investor interest in startups trying to make AI more accurate and reliable, even before they have commercial products.

Harmonic is developing what it calls “Mathematical Superintelligence” (MSI), a form of AI focused on advanced reasoning that it claims is free of hallucinations and other factual errors that plague many generative AI models.

It says its flagship model, Aristotle, trained on synthetic math proofs — computer-generated examples used to teach problem-solving — achieved a top-level performance at the International Mathematical Olympiad in July alongside Google and OpenAI, a win that CEO Tudor Achim said helped attract investor interest.

Founded in 2023, Harmonic says it can achieve this by using formal reasoning, requiring its AI to output its reasoning as computer code in the Lean4 programming language, which can be checked for correctness. The bulk of the new funding will go toward the immense computing power required for training its models, according to Achim.

By focusing on verifiable, error-free logic, Harmonic says it aims to build trust for AI in safety-critical industries like aerospace and finance, where mistakes can have severe consequences.

“The elimination of hallucinations comes directly from the fact that we require our system to output reasoning as code instead of reasoning as English,” CEO Tudor Achim said in an interview.

Harmonic currently offers its Aristotle model to the public via a free API, a tool that lets developers plug the model into their own software. The company said mathematicians and researchers have been using the tool to check complex proofs and accelerate novel discoveries. Achim said it will explore commercialization in the future.

“I think there are certain areas of software development where safety and reliability are paramount,” he said, adding there is also demand from safety-critical sectors such as automotive and aerospace.

Meta Platforms is in talks with Google to spend billions of dollars on the Alphabet -owned company’s chips for use in its data centres starting from 2027, The Information reported, a move that would cast Google as a serious rival to semiconductor giant Nvidia .

The talks also involve Meta renting chips from Google Cloud as early as next year and are part of Google’s broader push to get customers to adopt its tensor processing units (TPUs), used for AI workloads, in their own data centres, the report said on Tuesday, citing people involved in the talks.

The move would mark a departure from Google’s current strategy of using TPUs only in its own data centres and could sharply expand the market for its chips, putting the company in direct competition for the hundreds of billions being spent on data-centre processors to power AI services.

Some Google Cloud executives have suggested the strategy could help it capture as much as 10% of Nvidia’s annual revenue, a slice worth billions of dollars, according to the report.

Alphabet shares rose more than 3% in premarket trading, leaving the company just about $20 billion short of a $4 trillion valuation. Broadcom, which helps Google make its AI chips, gained 2%, while Nvidia fell 3.2%.

Clinching a chip deal with Meta, one of the biggest Nvidia customers with up to $72 billion planned in spending this year, would mark a major coup for Google — already one of the biggest winners of the generative AI boom thanks to a surge in demand for its cloud services from businesses adopting the technology.

Alphabet, Meta and Nvidia did not immediately respond to requests for comment. Reuters could not verify the report.

Demand has surged for custom chips such as TPUs in recent years as businesses look for alternatives to Nvidia’s pricey and supply-constrained graphics processors. Anthropic said last month it was expanding its Google deal to use up to one million of the tech giant’s AI chips, worth tens of billions of dollars.

Google has built momentum in recent months by drawing Warren Buffett’s Berkshire Hathaway as an investor, turning its once-marginal cloud unit into a growth engine and earning strong early reviews for its latest Gemini 3 model. Renting Nvidia chips to customers is a big revenue source for its cloud unit.

Taking on Nvidia’s dominance would require Google to overcome nearly two decades of proprietary Nvidia code that has made the company’s ecosystem hard to dislodge. More than 4 million developers worldwide rely on Nvidia’s CUDA software platform to build AI and other applications.

Artificial intelligence firm OpenAI has projected at least 220 million of ChatGPT weekly users will pay for a subscription, The Information reported on Tuesday, citing a person familiar with the matter.

OpenAI projects that by 2030, 8.5% of an estimated 2.6 billion weekly users, or around 220 million people, will subscribe to its chatbot, positioning ChatGPT among the world’s largest subscription businesses, according to the report.

As of July, about 35 million users, which is roughly 5% of ChatGPT’s weekly active base, paid for “Plus” or “Pro” plans at $20 and $200 a month, respectively, the report added.

Reuters could not immediately verify the report. OpenAI did not immediately respond to a Reuters request for comment.

While OpenAI’s annualised revenue run rate is expected to reach about $20 billion by this year-end, losses in the company are also mounting, sources have told Reuters.

The Information had reported in September that OpenAI generated around $4.3 billion in revenue in the first half of 2025, about 16% more than it generated all of last year and it burned $2.5 billion in large part due to its research and development costs for developing AI and for running ChatGPT.

OpenAI expects to generate about 20% of its revenue from new products such as shopping- and advertising-driven features. This week it introduced a personal shopping assistant for ChatGPT, a move that could pave the way for monetisation through ads or commission-based sales, the report added.

Adobe announced the integration of Google’s most recently launched Gemini model, along with the the Nano Banana Pro AI image generator, into Adobe Firefly and Photoshop.

Nano Banana Pro connects to Google Search, according to the company, meaning that AI-generated maps, manuals, and infographics are grounded with real-world context and should be more accurate than before.

Google Nano Banana Pro is powered by Gemini 3 Pro.

The rollout via Adobe Firefly and Photoshop has taken place, with Adobe announcing that Creative Cloud Pro and Firefly plan subscribers can enjoy unlimited image generations with Firefly image models and partner models in the app until December 1.

Other multi-media models that are available via Adobe come from companies including Black Forest Labs, ElevenLabs, Google, Ideogram, Luma AI, Moonvalley, OpenAI, Pika, Runway, and Topaz Labs.

“Google’s latest Nano Banana Pro model delivers significant improvements in editing quality, allowing you to use text prompts to refine specific parts of an image, adjust aspect ratios, boost resolution, and even shift camera angles and lighting. It also excels at generating clean, well-integrated text inside images and can localize visuals with translated text. And by drawing on Google Search’s knowledge base, the model can generate factually accurate visuals. Its pro-grade capabilities make it a great complementary model in our creative apps,” said Adobe in a blog post on November 20.